Answer to Question #50305 in Finance for Zakaria

Question #50305
You are considering the purchase of two different insurance annuities. Annuity A will pay you $16,000 at the beginning of each year for 8 years. Annuity B will pay you $12,000 at the end of each year for 12 years. Assuming your money is worth 7%, and each costs you $75,000 today, which would you prefer?
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Expert's answer
2015-01-08T11:49:16-0500
The answer to the question is available in the PDF file https://www.assignmentexpert.com/https://www.assignmentexpert.com/homework-answers/economics-answer-50305.pdf

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Comments

Assignment Expert
25.03.21, 02:09

Dear Official smallwhite, please use panel for submitting new questions

Official smallwhite
23.03.21, 18:24

can you pls explain better cause I dont understand

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